| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 215,000
|
RM 276
|
780 sqft
|
|
|
|
Level 1
|
RM 180,000
|
RM 232
|
775 sqft
|
|
|
|
Level 6
|
RM 180,000
|
RM 232
|
775 sqft
|
|
|
|
Level 4
|
RM 170,000
|
RM 219
|
775 sqft
|
|
|
|
Level 3
|
RM 180,000
|
RM 232
|
775 sqft
|
|
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Market Snapshot
ResidentialRM 180,000
RM 232 psfMedian transaction price
24, Jalan Mutiara Melaka 2, Taman Mutiara Melaka, 75350 Melaka, Malaysia
MapsKiara Mutiara Appartment in Melaka Tengah, Melaka recorded 5 subsale transactions in 2023, with a median price of RM 180K and a median price per square foot (PSF) of RM 232.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 180K, with most transactions falling within a stable range of RM 170K to RM 195K, and a typical market range of RM 170K to RM 190K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 232, with most transactions between RM 213 and RM 252. The usual range is RM 219.26 to RM 245.26, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 26.00 and an average deviation (MAD) of RM 19 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.